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Problem 13-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3

[The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.

Stockholders Equity (January 1)
Common stock$6 par value, 100,000 shares authorized, 40,000 shares issued and outstanding	$	240,000
Paid-in capital in excess of par value, common stock		200,000
Retained earnings		340,000
Total stockholders equity	$	780,000

Stockholders Equity (December 31)
Common stock$6 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares in treasury	$	284,400
Paid-in capital in excess of par value, common stock		259,200
Retained earnings ($50,000 restricted by treasury stock)		420,000
		963,600
Less cost of treasury stock		(50,000	)
Total stockholders equity	$	913,600

The following transactions and events affected its equity during the year.

Jan.		5		Declared a $0.50 per share cash dividend, date of record January 10.
Mar.		20		Purchased treasury stock for cash.
Apr.		5		Declared a $0.50 per share cash dividend, date of record April 10.
July		5		Declared a $0.50 per share cash dividend, date of record July 10.
July		31		Declared a 20% stock dividend when the stocks market value was $14 per share.
Aug.		14		Issued the stock dividend that was declared on July 31.
Oct.		5		Declared a $0.50 per share cash dividend, date of record October 10. Required: 1. How many common shares are outstanding on each cash dividend date? Outstanding common share: Jan.5 __Apr. 5.___ July. 5__.Oct.5___ 2. What is the total dollar amount for each of the four cash dividends? Cash Dividend amounts Jan.5__April.5___July5___Oct.5___